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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 22 Feb. 2024

The Vietnamese homo-PP market started the week on a strong note with local and international suppliers attempting to leverage the strong sentiment in China.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 21 Feb. 2024

The price decision was strongly welcomed by Chinese suppliers, who are facing rising local supply following the weeklong Lunar New Year holiday and need export opportunities.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 Feb. 2024

Trading sentiment remained sluggish, which is not surprising since Chinese manufacturers would usually ramp up operating rates after the Chap Goh Mei festival.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 05 Feb. 2024

The Chinese PVC market tracked a diverged trajectory in the week ending 2 February 2024 with carbide-based PVC losing CNY100/ton while ethylene-based PVC added CNY50/ton.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 31 Jan. 2024

Thin profit margins have been discouraging Asian naphtha crackers from ramping up their operating rates while deep-seas cargoes once again face shipping challenges.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 30 Jan. 2024

Post-holiday market outlook is bullish at the moment. Sources cited the rising upstream costs, couple with the concerns over the supply crunch from the US are the primary support.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 16 Jan. 2024

In an official statement, the producer cited the “inability to secure sufficient container space” as a result of the shipping disruption in the Red Sea.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 Dec. 2023

In Indonesia, offers for non-dutiable Vietnamese homo-PP surged above the $1000/ton threshold for the first time in weeks
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